Huntsman Announces Fourth Quarter 2024 Common Dividend

Rhea-AI Summary

Huntsman (NYSE: HUN) has announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share on its common stock. The dividend will be paid on December 31, 2024, to stockholders of record as of December 13, 2024.

Positive

• Maintaining consistent quarterly dividend payments, indicating financial stability

Negative

• None.

Insights

Financial Analyst

This regular quarterly dividend announcement of $0.25 per share maintains Huntsman's consistent dividend policy, representing an annual yield of approximately 6.5% based on current share prices. The dividend payment demonstrates the company's commitment to returning value to shareholders despite challenging market conditions in the chemical sector. With a market cap of $3.76 billion, this quarterly payout amounts to roughly $45 million, which appears sustainable given Huntsman's cash flow position. The maintained dividend level signals management's confidence in the company's financial stability and liquidity position heading into 2024.

THE WOODLANDS, Texas , Nov. 5, 2024 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) announced today that its Board of Directors has declared a $0.25 per share cash dividend on its common stock. The dividend is payable on December 31, 2024, to stockholders of record as of December 13, 2024.

About Huntsman:
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2023 revenues of approximately $6 billion. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 60 manufacturing, R&D and operations facilities in approximately 25 countries and employ approximately 6,000 associates within our continuing operations. For more information about Huntsman, please visit the company's website at www.huntsman.comhttps://c212.net/c/link/?t=0&l=en&o=2729073-1&h=708906847&u=http%3A%2F%2Fwww.huntsman.com%2F&a=www.huntsman.com.

Social Media:
Twitter: www.twitter.com/Huntsman_Corp
Facebook: www.facebook.com/huntsmancorp
LinkedIn: www.linkedin.com/company/huntsman

Forward-Looking Statements:
Certain information in this release constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on management's current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company's operations, markets, products, services, prices and other factors as discussed under the caption "Risk Factors" in the Huntsman companies' filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, volatile global economic conditions, cyclical and volatile product markets, disruptions in production at manufacturing facilities, reorganization or restructuring of Huntsman's operations, including any delay of, or other negative developments affecting the ability to implement cost reductions, timing of proposed transactions, and manufacturing optimization improvements in Huntsman businesses and realize anticipated cost savings, and other financial, economic, competitive, environmental, political, legal, regulatory and technological factors. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.

 

 

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SOURCE Huntsman Corporation

FAQ

What is Huntsman's dividend amount for Q4 2024?

Huntsman (NYSE: HUN) declared a dividend of $0.25 per share for the fourth quarter of 2024.

When will Huntsman (HUN) pay its Q4 2024 dividend?

Huntsman will pay its fourth quarter 2024 dividend on December 31, 2024, to stockholders of record as of December 13, 2024.

What is the record date for Huntsman's Q4 2024 dividend?

The record date for Huntsman's fourth quarter 2024 dividend is December 13, 2024.